Every major bank and investor across the world is betting against the Euro. Today, it fell below 1.29 versus the U.S. Dollar. There is talk in the foreign exchange circles that it may hit par in 2012. Why? Europe is slowly entering an economic recession. For decades the Europeans lived on borrowed money. The Europeans, [...]
REVOLUTION IS AMERICA FACING A REVOLUTION??? by Sanford Pinna, M.D. Copyright 2011 There is a Protest Movement occurring in the U.S.A. at this moment, called “OCCUPY WALL STREET.†It is spreading from the big cities to the small cities and the media is fully aware and apprehensive about this new, unexpected challenge. AMERICAN SOCIETY American [...]
Canada Dollar Drop Is Largest in Three Years By Chris Fournier, from Bloomberg Canada’s dollar depreciated by the most since October 2008 as concern the global economy is sinking back into recession spurred a haven rally in the U.S. currency and dimmed the outlook for commodity prices. The currency registered weekly and quarterly losses as [...]
Economy Close to Stall Speed May Signal Renewed U.S. Recession By Peter Coy, from Bloomberg Economics isn’t rocket science, but the U.S. economy is a little like a rocket. If it has enough thrust, it can escape the tug of economic gravity. Not enough, and it just might go into a tailspin. Economists at the [...]
Is the U.S. a third world country? Would have DSK tried a similar act in a different civilized country?
Now that DSK is facing jail time for rape attempt, the IMF will be needing a new leader. An Asian would be a good option.
The price of gold has been on an increasing trend in the past years. Considering the fact that gold is a limited resource governed by the law of supply and demand, you should consider investing in it.
